Building the preliminary construction budget for your real estate project requires insight into more than labour and material costs alone. The financial plan for your development or infrastructure investment is affected by global and local economic conditions, market trends, and advances in building materials, practices, and approaches.
Altus Group’s annual Construction Cost Guide provides a forecast of construction hard costs across all asset classes in the Canadian marketplace. Based on our proprietary database of historical project costs – including over 1,300 engagements in 2018 – our hard cost data tables facilitate simple benchmarking exercises supported by intelligence from our in-house quantity surveyors, economists, and market trend experts.Download The Report
2019 Economic Overview
Key Market Trends
Guidance on using the information and data
Private Sector $/SF data across Canada
Public Sector $/SF data across Canada
Site Servicing $/SF data across Canada
Canadian Cost Index
Building Type Descriptions
"The combination of new market entrants, new technologies and changing demographics have created disruptive models within CRE. This is having a profound impact on portfolio planning and decision-making. At the same time, this presents new opportunities for organizations who rapidly embrace innovation and PropTech to reduce complexity, increase efficiency and drive performance."